earnings
confidence high
sentiment negative
materiality 0.60
Bimini Capital Q4 2024 net loss $1.5M, book value $0.68 per share
BIMINI CAPITAL MANAGEMENT, INC.
- Net loss of $1.5M ($0.15/share) in Q4 2024; full-year net loss $1.3M ($0.13/share).
- Book value per share fell to $0.68 at Dec 31, 2024 from $0.81 a year earlier.
- Advisory service revenue $3.4M in Q4; MBS portfolio grew to $122.3M.
- Tax provision of $2.1M due to increased valuation allowance drove Q4 net loss.
- Company plans conference call on March 7, 2025 at 10:00 AM ET.